🤣🇹🇷 DeFi and Web 3 fans, have you heard that Nexo will be phasing out some of its products to comply with the new rules in the UK? As of October 8, cash rewards and referral programs for Nexo Exchange and Nexo Card transactions will end. 😅
🚀 So how will this situation affect us? Our crypto friends in the UK, companies need to approve their advertising and make changes to their systems to comply with FCA rules. First-time buyers will have at least 24 hours to confirm whether they wish to receive investment offers. 🕒
💬 “We are committed to our UK community and treat our compliance responsibilities with the highest priority,” a Nexo spokesperson said. So what do you think? We are waiting your comments! 🗣️
🔍 Read more: Why Are Some Crypto Companies Suspending Their Services in the UK?